Restoration parts and product providers Classic Industries and The Parts Place have entered an agreement to merge, the companies announced.
The Parts Place has been serving the muscle car industry since 1990, supplying restoration products for American collector cars. Like Classic Industries, The Parts Place initially supported GM muscle cars of the 1960s and 1970s, then later branched out to supply products for other automotive platforms, including early and late-model cars and trucks from American manufacturers including, General Motors, Ford and Chrysler, the company said.
“The merger of The Parts Place Inc. with Classic Industries was the perfect fit to enable us to expand the restoration parts business,” said Joseph Improta, president of The Parts Place Inc. “We look forward to continuing to be the leading reseller of restoration parts and to provide greater products to our customers as we continue to expand our restoration parts offering in a growing market.”
Founded in 1976, Classic Industries recently celebrated its 45th anniversary in serving the American muscle car and truck industry. The company is known for providing restoration parts for General Motors, Chrysler, Dodge, Plymouth, Ford and Mercury vehicles. The company intends to continue enhancing its ability to supply products to classic car and truck enthusiasts with the merger of The Parts Place.
“We are pleased to announce the merger of Classic Industries and The Parts Place Inc.,” said Jeff Leonard, CEO of Classic Industries. “We have worked closely with The Parts Place Inc. over the years, so we couldn’t be more pleased with our decision to join forces to better serve the automotive community.”
The Parts Place will continue to serve automotive enthusiasts from its headquarters and warehouse facility in Dekalb, Illinois. Classic Industries will continue to serve its customers from its corporate headquarters and warehouse facility in Huntington Beach, California.
Consumers can expect to see a much wider range of restoration product offerings from each company in the future, the companies said.
